Low energy prices sting Aramco profits and squeeze Saudi development plans
Saudi Arabia’s state-owned oil giant Aramco has reported a $106.25 billion profit in 2024, down 12% from the prior year on ...
Saudi Aramco Exploring Initial Bid for BP's Castrol Unit, Source Says
BP has been exploring all options around its Castrol business, including a possible sale, as part of a strategic review. The ...
Middle Eastern bourses end mixed, Aramco drags Saudi
Stock markets in the Gulf ended mixed on Tuesday as new U.S. tariffs threatened to escalate global trade tensions, while ...
Most Gulf markets in red on global trade war fears, Aramco weighs on Saudi
Most stock markets in the Gulf fell in early trade on Tuesday as new U.S. tariffs threatened to escalate global trade ...
Saudi Aramco Cuts Dividend 30% as Oil Profits Plunge
Oil giant Saudi Aramco, which is majority owned by the Saudi Arabia government, has announced that it is cutting its dividend payout this year ...
Upstream Online5d
Saudi Aramco targets up to $58 billion capital investment in 2025 despite 12.5% decline in net income
Saudi state giant continues to make progress on projects to maintain its maximum sustainable crude oil capacity, expand its ...
Al-Monitor5d
Saudi Aramco profits drop 12 percent on lower prices, volumes
Oil giant Saudi Aramco posted a drop in annual profits on Tuesday as lower prices and volumes hit the lynchpin of the kingdom ...
Upstream Online5d
Landmark project: Contracting heavyweight poised to win huge Saudi Aramco CCS deal
Project comprises the first phase of Aramco’s accelerated CCS development at Jubail, which is likely to have capacity of 9 ...
Yahoo Finance5d
Aramco Trims World’s Biggest Payout in Blow to Saudi Budget
(Bloomberg) -- Aramco plans to trim the world’s biggest dividend, lowering a key source of funds for Saudi Arabia’s budget while relieving stress on its own finances. Saudi Aramco expects the ...